Blanca Games acquires Cereus Poker Network

[The Buzz]

A pretty big shake-up occurred in the online poker world this morning as Blanca Games, led by e-gaming entrepreneur Stuart Gordon, announced it has acquired the Cereus Poker Network. The Cereus Poker network owns both UB.com and Absolute Poker.

Casino City has a press release about the transaction.

The fine folks at the 2+2 forums are raising some eyebrows over this deal (via Gambling 911):

(2+2 posters) immediately began questioning the validity of such an acquisition. Many suggested it was some type of “shell game” with Gordon’s Blanca Games just another corporation set up by the same folks who already run Cereus and UB.com.

One forum reader offered up this conspiracy theory:

I doubt we'll see any further disclosure. This is another shell game. The liquidators needed another payment from Tokwiro to pay Excapsa. Cereus 'owners' moved the assets to someone else.

[davenewgates]

I think it's good to wait for the side of Blanca Games regarding this matter. For sure they'll provide a good explanation on this.